It is estimated that the stock of cotton will reach 20 million tons by the end

General Manager Liang Youdong of the Xinjiang Production and Construction Corps Cotton and Cotton Company stated at the 2014 China Cotton Industry Development Forum that for the three consecutive years of storage, the stock of cotton was at least 12 million tons, and last year’s output was at least 6 million tons. With appropriate imports, there may be 20 million tons of inventory by the end of the year, which is equivalent to the world's annual production.

For the target price in Xinjiang, Liang East Asia expressed his own views at the meeting. One is to stabilize the basic benefits of cotton farmers. The average income of cotton farmers in the first three years is basically stable. The second is to achieve a smooth transition between the old and new policies, not to ups and downs, there are very inconsistent places. The third is to achieve the goal of regional restructuring. In fact, from the point of view of implementing the target price subsidy policy in Xinjiang, the state is positive about the development of high-quality cotton bases in Xinjiang. There are at least three guidelines and basic principles.

On April 5, after the country announced its target price of 19,800 yuan/ton, it requested Xinjiang and Bingtuan to study and formulate the target price plan for the pilot project in Xinjiang in the new year in accordance with the relevant national guidelines and policies.